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Found 16 results

  1. Al Oppenheiser is possibly one of the most important people working at General Motors being the chief engineer for the fifth and sixth-generation Chevrolet Camaro. He helped bring back one of the most iconic muscle cars and make into something quite special. But Oppenheiser will soon face a new challenge. Car and Driver reports that Oppenheiser will move over to GM's newly formed AV/EV organization to work on zero-emission-vehicle development. GM spokesman Michael Albano explained that they are moving "some of our best talent" to help work on their electrification efforts. Albano did acknowledge this was a lateral move, Oppenheiser would remain as a chief engineer. "We have launched the final variant of this generation of Camaro, so the time is right" for him to move, said Albano. What will be Oppenheiser's responsibility in this new position? Car and Driver says it will be "broader than one specific vehicle," meaning he'll be working on a number of vehicle styles. Source: Car and Driver
  2. Al Oppenheiser is possibly one of the most important people working at General Motors being the chief engineer for the fifth and sixth-generation Chevrolet Camaro. He helped bring back one of the most iconic muscle cars and make into something quite special. But Oppenheiser will soon face a new challenge. Car and Driver reports that Oppenheiser will move over to GM's newly formed AV/EV organization to work on zero-emission-vehicle development. GM spokesman Michael Albano explained that they are moving "some of our best talent" to help work on their electrification efforts. Albano did acknowledge this was a lateral move, Oppenheiser would remain as a chief engineer. "We have launched the final variant of this generation of Camaro, so the time is right" for him to move, said Albano. What will be Oppenheiser's responsibility in this new position? Car and Driver says it will be "broader than one specific vehicle," meaning he'll be working on a number of vehicle styles. Source: Car and Driver View full article
  3. One of the most controversial moves during Johan de Nysschen's tenure as Cadillac President was moving the brand's headquarters from Detroit to New York in 2015. Executives at GM explained at the time this would Cadillac to separate from the day-to-day operations of their mainstream brands - Buick, Chevrolet, and GMC. Sources at the time said another reason for the move came down to various GM executive worrying about Cadillac's worldview from Detroit "was too myopic for a brand with global aspirations." But Cadillac will be moving out of their space at 330 Hudson Street in New York City back to Detroit. This was revealed by Cadillac's new president Steve Carlisle in a interview with the Wall Street Journal. The reason is that he wants the brand's leaders to be closer to GM’s vehicle design and engineering offices in Metro Detroit, especially considering Cadillac has a number of new and redesign models coming in the next few years. “We have a huge number of launches ahead of us. We’ve got to think about how we take inefficiencies out of the communication process between the Cadillac team and the GM partners," said Carlisle. Cadillac confirmed the move in a statement to The Detroit News. "The move will place the Cadillac brand team closer to those responsible for the new Cadillacs, including design, engineering, purchasing and manufacturing, ensuring full integration of Cadillac’s global growth strategy. Cadillac will maintain a brand presence in New York City with the Cadillac House, an experiential brand center which serves as a public space for events, concerts and collaborative partnerships until longer term brand plans are in place," said the brand. Cadillac didn't give a timeframe or where the headquarters would be located. Automotive News reports that U.S. Rep. Sander Levin, D-Mich., released a statement saying the headquarters would be based in Warren, MI - where GM has their technical center. A Cadillac spokesman declined to comment. Source: Automotive News (Subscription Required), The Detroit News, Wall Street Journal (Subscription Required)
  4. One of the most controversial moves during Johan de Nysschen's tenure as Cadillac President was moving the brand's headquarters from Detroit to New York in 2015. Executives at GM explained at the time this would Cadillac to separate from the day-to-day operations of their mainstream brands - Buick, Chevrolet, and GMC. Sources at the time said another reason for the move came down to various GM executive worrying about Cadillac's worldview from Detroit "was too myopic for a brand with global aspirations." But Cadillac will be moving out of their space at 330 Hudson Street in New York City back to Detroit. This was revealed by Cadillac's new president Steve Carlisle in a interview with the Wall Street Journal. The reason is that he wants the brand's leaders to be closer to GM’s vehicle design and engineering offices in Metro Detroit, especially considering Cadillac has a number of new and redesign models coming in the next few years. “We have a huge number of launches ahead of us. We’ve got to think about how we take inefficiencies out of the communication process between the Cadillac team and the GM partners," said Carlisle. Cadillac confirmed the move in a statement to The Detroit News. "The move will place the Cadillac brand team closer to those responsible for the new Cadillacs, including design, engineering, purchasing and manufacturing, ensuring full integration of Cadillac’s global growth strategy. Cadillac will maintain a brand presence in New York City with the Cadillac House, an experiential brand center which serves as a public space for events, concerts and collaborative partnerships until longer term brand plans are in place," said the brand. Cadillac didn't give a timeframe or where the headquarters would be located. Automotive News reports that U.S. Rep. Sander Levin, D-Mich., released a statement saying the headquarters would be based in Warren, MI - where GM has their technical center. A Cadillac spokesman declined to comment. Source: Automotive News (Subscription Required), The Detroit News, Wall Street Journal (Subscription Required) View full article
  5. A big complaint you'll hear from journalists covering the Detroit Auto Show is the month that it is held. January is a miserable time in the north with cold temperatures and endless amounts of snow. But there could be some relief coming. The Wall Street Journal has learned from various sources that organizers of the show are considering moving the show from January to October. Crain's Detroit Business adds that show officials have been floating this idea for more than a year with automakers, city officials, and Cobo Center. Both say the show's leadership team has yet to make the final decision and could happen as early as 2020. A spokesman for the Detroit Auto Show comfirmed to the Wall Street Journal that a change is being considered, saying organizers are “exploring opportunities to better leverage the how and the region.” “I would love to see it in October,” said Wes Lutz, Owner of Extreme Chrysler, Dodge, Jeep, and Ram Trucks in Jackson, MI. “I think we’d get even better attendance.” Moving the show to October would not only provide better weather, but also give some breathing room between it and the Consumer Electronics Show, which occurs the week before Detroit. CES has become a prime place for automakers to showcase new technologies and make vehicle debuts - Chevrolet Bolt comes to mind. It also might stem the loss of automakers from the show. Auto companies such as Mazda, Volvo, Porsche, Jaguar, and Land Rover were no-shows at this year's show. Mercedes-Benz has announced that it will be skipping the 2019 show. But there are some issues with this move. Crain notes that show officials signed a new $11.8 million contract with Cobo Center back in July to keep the show there and in January. Moving it to October will likely require a new contract. It would also require shorter setup schedule for the show. Currently, work begins in October as workers build up the various exhibits that make up the show. Source: Wall Street Journal (Subscription Required), Crain's Detroit Business
  6. A big complaint you'll hear from journalists covering the Detroit Auto Show is the month that it is held. January is a miserable time in the north with cold temperatures and endless amounts of snow. But there could be some relief coming. The Wall Street Journal has learned from various sources that organizers of the show are considering moving the show from January to October. Crain's Detroit Business adds that show officials have been floating this idea for more than a year with automakers, city officials, and Cobo Center. Both say the show's leadership team has yet to make the final decision and could happen as early as 2020. A spokesman for the Detroit Auto Show comfirmed to the Wall Street Journal that a change is being considered, saying organizers are “exploring opportunities to better leverage the how and the region.” “I would love to see it in October,” said Wes Lutz, Owner of Extreme Chrysler, Dodge, Jeep, and Ram Trucks in Jackson, MI. “I think we’d get even better attendance.” Moving the show to October would not only provide better weather, but also give some breathing room between it and the Consumer Electronics Show, which occurs the week before Detroit. CES has become a prime place for automakers to showcase new technologies and make vehicle debuts - Chevrolet Bolt comes to mind. It also might stem the loss of automakers from the show. Auto companies such as Mazda, Volvo, Porsche, Jaguar, and Land Rover were no-shows at this year's show. Mercedes-Benz has announced that it will be skipping the 2019 show. But there are some issues with this move. Crain notes that show officials signed a new $11.8 million contract with Cobo Center back in July to keep the show there and in January. Moving it to October will likely require a new contract. It would also require shorter setup schedule for the show. Currently, work begins in October as workers build up the various exhibits that make up the show. Source: Wall Street Journal (Subscription Required), Crain's Detroit Business View full article
  7. More details about the tentative labor agreement between the UAW and Fiat Chrysler Automobiles (FCA) is coming to light. Automotive News has learned from sources that more production moving would be taking place. As we reported last week, FCA's Toledo factory would be saying good-bye to the Cherokee to make room for more Wranglers and the possibility of a new truck. The Cherokee is expected to be built Belvidere Assembly in Illinois. The big change in production is the Ram 1500 moving from the Warren Truck Plant to the Sterling Heights Assembly plant. This will mean production of Chrysler 200, currently built in Sterling Heights, will move to another plant. According to a source, that plant will be the Toluca, Mexico one. This is the current home of the Dodge Journey and North American version of the Fiat 500. Along with the 200, the Dodge Dart will move to Toluca. So what is happening with the Warren Truck Plant? That will be retooled and converted from a body-on frame to a unibody production facility to make way for the Jeep Grand Wagoneer, the rumored three-row luxury SUV. Source: Automotive News (Subscription Required)
  8. More details about the tentative labor agreement between the UAW and Fiat Chrysler Automobiles (FCA) is coming to light. Automotive News has learned from sources that more production moving would be taking place. As we reported last week, FCA's Toledo factory would be saying good-bye to the Cherokee to make room for more Wranglers and the possibility of a new truck. The Cherokee is expected to be built Belvidere Assembly in Illinois. The big change in production is the Ram 1500 moving from the Warren Truck Plant to the Sterling Heights Assembly plant. This will mean production of Chrysler 200, currently built in Sterling Heights, will move to another plant. According to a source, that plant will be the Toluca, Mexico one. This is the current home of the Dodge Journey and North American version of the Fiat 500. Along with the 200, the Dodge Dart will move to Toluca. So what is happening with the Warren Truck Plant? That will be retooled and converted from a body-on frame to a unibody production facility to make way for the Jeep Grand Wagoneer, the rumored three-row luxury SUV. Source: Automotive News (Subscription Required) View full article
  9. Cadillac is undergoing a number of changes. From the appointment of a new head to new models heading out to dealers, and more that are to be revealed. Now, the luxury automaker is moving to a new home. Yesterday, General Motors announced that Cadillac will be moving to a new headquarters in New York City. The new HQ will be located in the SoHo area with a "multipurpose brand and event space in conjunction with modern loft offices." At this time, Cadillac is deciding who will move to the headquarters at this time. However, technical operations will remain in Michigan. The move is expected to finish up next year. “With the relentless upward repositioning of successive new-generation Cadillac products, the next logical step is to provide Cadillac more freedom to cultivate the brand in pursuit of further global growth. Cadillac’s mission is to reinstate the brand to a pre-eminent position among global luxury brands, a bold challenge requiring a distinct and focused new organization. More than a division or brand, Cadillac is becoming a center of excellence for our company,” said GM President Dan Ammann. Along with the move, General Motors also announced that Cadillac will be spun off as a separate business unit. This means the brand will have a bit more independence. Source: General Motors William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] you can follow him on twitter at @realmudmonster. Press Release is on Page 2 Cadillac Expands to Become Separate Business Unit, Adds New York Headquarters NEW YORK – As part of the continued expansion of Cadillac, General Motors today announced a strategic realignment that will establish the flagship brand as a separate business unit. In addition, the new Cadillac organization will expand to New York with a new global headquarters opening in 2015. The realignment affirms Cadillac’s importance to GM’s strategy. Creating a new Cadillac business unit enables it to pursue growing opportunities in the luxury automotive market with more focus and clarity. “With the relentless upward repositioning of successive new-generation Cadillac products, the next logical step is to provide Cadillac more freedom to cultivate the brand in pursuit of further global growth,” said GM President Dan Ammann. “Cadillac’s mission is to reinstate the brand to a pre-eminent position among global luxury brands, a bold challenge requiring a distinct and focused new organization,” Ammann said. “More than a division or brand, Cadillac is becoming a center of excellence for our company.” Johan de Nysschen, who joined Cadillac as its new president in August, will be responsible for the brand’s overall operational performance. Cadillac’s leadership council is headed by de Nysschen, and consists of Jim Bunnell, vice president of sales and service; Uwe Ellinghaus, chief marketing officer; David Colasinski, chief financial officer; David Leone, executive chief engineer, and Andrew Smith, executive director of design. Further expansion of the Cadillac leadership team will be announced later. Expansion Includes New York Headquarters The plan includes expansion to New York City in the form of a multipurpose brand and event space in conjunction with modern loft offices located in the heart of a city renowned for establishing trends and setting standards for the global luxury market. While the majority of functions with oversight and responsibility for both global and U.S. operations will be located at the new global headquarters, there will be no change to technical product development teams located in Michigan, nor does the plan impact manufacturing or assembly operations. Cadillac management is reviewing options for which specific staffs will be based in New York and which will remain in current locations in the Detroit-area or elsewhere. Cadillac has operations in more than 40 countries. The brand’s ongoing growth has been driven by an expanded product portfolio, leading to 28 percent global growth in 2013 and an increase of about 10 percent so far this year. Cadillac sales in China have grown 64 percent year to date. “We are very proud of our Detroit roots and heritage, and the majority of the Cadillac workforce will remain in Michigan," de Nysschen said. "But there is no city in the world where the inhabitants are more immersed in a premium lifestyle than in New York. Establishing our new global headquarters in Soho places Cadillac at the epicenter of sophisticated living. It allows our team to share experiences with premium-brand consumers and develop attitudes in common with our audience." Company officials thanked New York Gov. Andrew Cuomo for his active support of and involvement in establishing the creation of Cadillac NYC. "As the media and advertising capital of the world, New York is the ideal location for Cadillac to move its marketing operations to enhance their brand and spur future growth," Gov. Andrew M. Cuomo said. "From Day One, our administration has been creating a more business-friendly environment that encourages new investments and job creation, and today is another example of how that approach is delivering results for New Yorkers. I welcome Cadillac's marketing team to New York and commend them on their decision to invest personnel and resources alongside our world-class workforce." Said U.S. Sen. Chuck Schumer: “To have an iconic American brand like Cadillac choose Manhattan for its global headquarters is another example that this city is a growing hub of innovation. New York continues to be a magnet for the best and the brightest companies and workers alike, and as Cadillac continues on its impressive growth trajectory as a global brand, I’m thrilled it will do so based in New York City." View full article
  10. Cadillac is undergoing a number of changes. From the appointment of a new head to new models heading out to dealers, and more that are to be revealed. Now, the luxury automaker is moving to a new home. Yesterday, General Motors announced that Cadillac will be moving to a new headquarters in New York City. The new HQ will be located in the SoHo area with a "multipurpose brand and event space in conjunction with modern loft offices." At this time, Cadillac is deciding who will move to the headquarters at this time. However, technical operations will remain in Michigan. The move is expected to finish up next year. “With the relentless upward repositioning of successive new-generation Cadillac products, the next logical step is to provide Cadillac more freedom to cultivate the brand in pursuit of further global growth. Cadillac’s mission is to reinstate the brand to a pre-eminent position among global luxury brands, a bold challenge requiring a distinct and focused new organization. More than a division or brand, Cadillac is becoming a center of excellence for our company,” said GM President Dan Ammann. Along with the move, General Motors also announced that Cadillac will be spun off as a separate business unit. This means the brand will have a bit more independence. Source: General Motors William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] you can follow him on twitter at @realmudmonster. Press Release is on Page 2 Cadillac Expands to Become Separate Business Unit, Adds New York Headquarters NEW YORK – As part of the continued expansion of Cadillac, General Motors today announced a strategic realignment that will establish the flagship brand as a separate business unit. In addition, the new Cadillac organization will expand to New York with a new global headquarters opening in 2015. The realignment affirms Cadillac’s importance to GM’s strategy. Creating a new Cadillac business unit enables it to pursue growing opportunities in the luxury automotive market with more focus and clarity. “With the relentless upward repositioning of successive new-generation Cadillac products, the next logical step is to provide Cadillac more freedom to cultivate the brand in pursuit of further global growth,” said GM President Dan Ammann. “Cadillac’s mission is to reinstate the brand to a pre-eminent position among global luxury brands, a bold challenge requiring a distinct and focused new organization,” Ammann said. “More than a division or brand, Cadillac is becoming a center of excellence for our company.” Johan de Nysschen, who joined Cadillac as its new president in August, will be responsible for the brand’s overall operational performance. Cadillac’s leadership council is headed by de Nysschen, and consists of Jim Bunnell, vice president of sales and service; Uwe Ellinghaus, chief marketing officer; David Colasinski, chief financial officer; David Leone, executive chief engineer, and Andrew Smith, executive director of design. Further expansion of the Cadillac leadership team will be announced later. Expansion Includes New York Headquarters The plan includes expansion to New York City in the form of a multipurpose brand and event space in conjunction with modern loft offices located in the heart of a city renowned for establishing trends and setting standards for the global luxury market. While the majority of functions with oversight and responsibility for both global and U.S. operations will be located at the new global headquarters, there will be no change to technical product development teams located in Michigan, nor does the plan impact manufacturing or assembly operations. Cadillac management is reviewing options for which specific staffs will be based in New York and which will remain in current locations in the Detroit-area or elsewhere. Cadillac has operations in more than 40 countries. The brand’s ongoing growth has been driven by an expanded product portfolio, leading to 28 percent global growth in 2013 and an increase of about 10 percent so far this year. Cadillac sales in China have grown 64 percent year to date. “We are very proud of our Detroit roots and heritage, and the majority of the Cadillac workforce will remain in Michigan," de Nysschen said. "But there is no city in the world where the inhabitants are more immersed in a premium lifestyle than in New York. Establishing our new global headquarters in Soho places Cadillac at the epicenter of sophisticated living. It allows our team to share experiences with premium-brand consumers and develop attitudes in common with our audience." Company officials thanked New York Gov. Andrew Cuomo for his active support of and involvement in establishing the creation of Cadillac NYC. "As the media and advertising capital of the world, New York is the ideal location for Cadillac to move its marketing operations to enhance their brand and spur future growth," Gov. Andrew M. Cuomo said. "From Day One, our administration has been creating a more business-friendly environment that encourages new investments and job creation, and today is another example of how that approach is delivering results for New Yorkers. I welcome Cadillac's marketing team to New York and commend them on their decision to invest personnel and resources alongside our world-class workforce." Said U.S. Sen. Chuck Schumer: “To have an iconic American brand like Cadillac choose Manhattan for its global headquarters is another example that this city is a growing hub of innovation. New York continues to be a magnet for the best and the brightest companies and workers alike, and as Cadillac continues on its impressive growth trajectory as a global brand, I’m thrilled it will do so based in New York City."
  11. At the moment, Fiat's headquarters is located in Turin, Italy; while Chrysler's headquarters is in Auburn Hills, MI. But with Fiat and Chrysler merged together, the company is planning a new headquarters. Reuters reports that CEO Sergio Marchionne announced that the headquarters of FCA will be in London, Great Britain. "Headquarters will be in London. It's clear that group executive functions, the board, my office, some of my functions, need to operate out of London, but that doesn't mean that I'm giving up my operational responsibilities of the U.S. We will be multi-faceted ... we will do stuff everywhere," said Marchionne. Marchionne has said that the move will not not affect jobs in Italy or in the U.S. No timeframe was given as to when the move would happen. Source: Reuters William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. View full article
  12. At the moment, Fiat's headquarters is located in Turin, Italy; while Chrysler's headquarters is in Auburn Hills, MI. But with Fiat and Chrysler merged together, the company is planning a new headquarters. Reuters reports that CEO Sergio Marchionne announced that the headquarters of FCA will be in London, Great Britain. "Headquarters will be in London. It's clear that group executive functions, the board, my office, some of my functions, need to operate out of London, but that doesn't mean that I'm giving up my operational responsibilities of the U.S. We will be multi-faceted ... we will do stuff everywhere," said Marchionne. Marchionne has said that the move will not not affect jobs in Italy or in the U.S. No timeframe was given as to when the move would happen. Source: Reuters William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster.
  13. This morning, we reported on the rumor that Toyota was planning to its North American headquarters from California to Texas. Well this afternoon, the company has made it official. In a statement, Toyota announced that it will be moving from Torrance, California to Plano, Texas. The move will take about three years and affect around 4,000 people. Those 4,000 people include, 2,000 from Toyota Motor Sales, U.S.A., Inc. Headquarters in Torrance, CA 1,000 from Toyota Financial Services in Torrance, CA 1,000 from Toyota Motor Engineering & Manufacturing North America in Erlanger, KY Some employees of Toyota Motor North America based in New York "With our major North American business affiliates and leaders together in one location for the first time, we will be better equipped to speed decision making, share best practices, and leverage the combined strength of our employees. This, in turn, will strengthen our ability to put customers first and to continue making great products that exceed their expectations. Ultimately, enabling greater collaboration and efficiencies across Toyota will help us become a more dynamic, innovative and successful organization in North America. This is the most significant change we’ve made to our North American operations in the past 50 years, and we are excited for what the future holds,” said Jim Lentz, Toyota North America CEO. As part of the plans, Toyota will offer all their full-time employees and their spouses an expenses-paid site visit to Plano, and a relocation payment if they decide to move. No word on how many of Toyota's current employees plan to move to Texas. Source: Toyota, Automotive News (Subscription Required), Wards Auto William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] you can follow him on twitter at @realmudmonster. Press Release is on Page 2 Toyota to Establish New North American Headquarters Manufacturing, Sales and Marketing, Corporate and Financial Services Headquarters to Unify in New, Shared Campus in Plano, Texas Toyota Technical Center in Michigan to Expand as Part of Increased Investment in Engineering Capabilities Torrance, Calif., Erlanger, Ky., New York, N.Y., and Ann Arbor, Mich., April 28, 2014 –Toyota today announced that it is establishing a new headquarters in North Dallas (Plano), Texas for its North American operations in a move designed to better serve customers and position Toyota for sustainable, long-term growth. Within the next three years, Toyota’s three separate North American headquarters for manufacturing, sales and marketing, and corporate operations will relocate to a single, state-of-the-art campus in Plano. Toyota’s North American finance arm also plans to move its headquarters to this new shared campus. Altogether, these moves will affect approximately 4,000 employees. At the same time, Toyota will expand the Toyota Technical Center (TTC) in Michigan to accommodate the relocation of direct procurement from Erlanger, Ky., to its campus in York Township near Ann Arbor. This expansion is part of an increased investment in engineering capabilities and will accommodate future growth in product development. The transition to Plano from three current headquarters locations – affecting approximately 2,000 employees at Toyota Motor Sales, U.S.A., Inc. (TMS) in Torrance, Calif.; about 1,000 employees at Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) in Erlanger, Ky.; and certain employees at Toyota Motor North America (TMA) in New York, N.Y. – will begin with initial small groups this summer. However, the majority of these employees will not move until construction of Toyota’s new headquarters is completed in late 2016 or early 2017. Toyota Financial Services (TFS) is not expected to transition to Plano from its current headquarters in Torrance, Calif., until 2017, which will affect around 1,000 employees. Jim Lentz, who was named Toyota’s first chief executive officer for the North America Region in 2013, said: “With our major North American business affiliates and leaders together in one location for the first time, we will be better equipped to speed decision making, share best practices, and leverage the combined strength of our employees. This, in turn, will strengthen our ability to put customers first and to continue making great products that exceed their expectations. Ultimately, enabling greater collaboration and efficiencies across Toyota will help us become a more dynamic, innovative and successful organization in North America. This is the most significant change we’ve made to our North American operations in the past 50 years, and we are excited for what the future holds.” In support of the communities in California and Kentucky, Toyota also announced a $10 million philanthropic commitment to provide continued funding for local non-profits and community organizations in these states over a five-year period beginning in 2017, over and above existing commitments. The establishment of a new headquarters builds upon previous efforts by Toyota to enhance regional autonomy, self-reliance and responsibility. While the sales and marketing, manufacturing and corporate business units will retain their responsibilities and operating names, Toyota expects that new cross-functional teams will identify and execute on ways to serve the broader North American organization. Toyota will construct a new, environmentally-sustainable campus facility in Plano, which is expected to take two or more years to construct after groundbreaking in the fall of 2014. Until the new campus facility is complete, initial small groups of employees will work from a temporary location in the Plano area. Toyota will also build a new facility on TTC’s York campus (subject to final approval of state and local incentives) to accommodate approximately 250 direct procurement positions currently based at TEMA in Erlanger. In addition, about 300 production engineering positions based in Erlanger will be relocated to a new facility to be built at Toyota Motor Manufacturing Kentucky (TMMK) in Georgetown, Ky., while approximately 1,000 TEMA administrative positions will transition to Plano. Toyota’s 10 manufacturing plants in the U.S. will not be impacted by these changes. Also, the following Toyota units will not be impacted at this time: Toyota regional field offices and Lexus area offices Operating units in Canada, Mexico and Puerto Rico Toyota Financial Service’s regional offices, sales offices, service centers and its bank Calty Design Research facilities Toyota InfoTechnology Center Toyota Racing Development AirFlite Inc. Logistics Services Field Locations Distribution centers After moving from its existing headquarters, Toyota will continue to have approximately 2,300 employees in California and 8,200 employees in Kentucky. This includes 750 new jobs being added at TMMK for production of the Lexus ES, which begins in 2015. Toyota will also continue to maintain offices in the New York City area and Washington, DC. The move will not impact Toyota’s relationship with Gulf States Toyota, Inc. (GST), a private distributor of Toyota vehicles based in Houston, Texas. Toyota Financial Services (TFS) is a service mark used to refer to a number of entities, including Toyota Motor Credit Corporation (TMCC), Toyota Financial Savings Bank (TFSB), and Toyota Motor Insurance Services, Inc. (TMIS).
  14. This morning, we reported on the rumor that Toyota was planning to its North American headquarters from California to Texas. Well this afternoon, the company has made it official. In a statement, Toyota announced that it will be moving from Torrance, California to Plano, Texas. The move will take about three years and affect around 4,000 people. Those 4,000 people include, 2,000 from Toyota Motor Sales, U.S.A., Inc. Headquarters in Torrance, CA 1,000 from Toyota Financial Services in Torrance, CA 1,000 from Toyota Motor Engineering & Manufacturing North America in Erlanger, KY Some employees of Toyota Motor North America based in New York "With our major North American business affiliates and leaders together in one location for the first time, we will be better equipped to speed decision making, share best practices, and leverage the combined strength of our employees. This, in turn, will strengthen our ability to put customers first and to continue making great products that exceed their expectations. Ultimately, enabling greater collaboration and efficiencies across Toyota will help us become a more dynamic, innovative and successful organization in North America. This is the most significant change we’ve made to our North American operations in the past 50 years, and we are excited for what the future holds,” said Jim Lentz, Toyota North America CEO. As part of the plans, Toyota will offer all their full-time employees and their spouses an expenses-paid site visit to Plano, and a relocation payment if they decide to move. No word on how many of Toyota's current employees plan to move to Texas. Source: Toyota, Automotive News (Subscription Required), Wards Auto William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] you can follow him on twitter at @realmudmonster. Press Release is on Page 2 Toyota to Establish New North American Headquarters Manufacturing, Sales and Marketing, Corporate and Financial Services Headquarters to Unify in New, Shared Campus in Plano, Texas Toyota Technical Center in Michigan to Expand as Part of Increased Investment in Engineering Capabilities Torrance, Calif., Erlanger, Ky., New York, N.Y., and Ann Arbor, Mich., April 28, 2014 –Toyota today announced that it is establishing a new headquarters in North Dallas (Plano), Texas for its North American operations in a move designed to better serve customers and position Toyota for sustainable, long-term growth. Within the next three years, Toyota’s three separate North American headquarters for manufacturing, sales and marketing, and corporate operations will relocate to a single, state-of-the-art campus in Plano. Toyota’s North American finance arm also plans to move its headquarters to this new shared campus. Altogether, these moves will affect approximately 4,000 employees. At the same time, Toyota will expand the Toyota Technical Center (TTC) in Michigan to accommodate the relocation of direct procurement from Erlanger, Ky., to its campus in York Township near Ann Arbor. This expansion is part of an increased investment in engineering capabilities and will accommodate future growth in product development. The transition to Plano from three current headquarters locations – affecting approximately 2,000 employees at Toyota Motor Sales, U.S.A., Inc. (TMS) in Torrance, Calif.; about 1,000 employees at Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) in Erlanger, Ky.; and certain employees at Toyota Motor North America (TMA) in New York, N.Y. – will begin with initial small groups this summer. However, the majority of these employees will not move until construction of Toyota’s new headquarters is completed in late 2016 or early 2017. Toyota Financial Services (TFS) is not expected to transition to Plano from its current headquarters in Torrance, Calif., until 2017, which will affect around 1,000 employees. Jim Lentz, who was named Toyota’s first chief executive officer for the North America Region in 2013, said: “With our major North American business affiliates and leaders together in one location for the first time, we will be better equipped to speed decision making, share best practices, and leverage the combined strength of our employees. This, in turn, will strengthen our ability to put customers first and to continue making great products that exceed their expectations. Ultimately, enabling greater collaboration and efficiencies across Toyota will help us become a more dynamic, innovative and successful organization in North America. This is the most significant change we’ve made to our North American operations in the past 50 years, and we are excited for what the future holds.” In support of the communities in California and Kentucky, Toyota also announced a $10 million philanthropic commitment to provide continued funding for local non-profits and community organizations in these states over a five-year period beginning in 2017, over and above existing commitments. The establishment of a new headquarters builds upon previous efforts by Toyota to enhance regional autonomy, self-reliance and responsibility. While the sales and marketing, manufacturing and corporate business units will retain their responsibilities and operating names, Toyota expects that new cross-functional teams will identify and execute on ways to serve the broader North American organization. Toyota will construct a new, environmentally-sustainable campus facility in Plano, which is expected to take two or more years to construct after groundbreaking in the fall of 2014. Until the new campus facility is complete, initial small groups of employees will work from a temporary location in the Plano area. Toyota will also build a new facility on TTC’s York campus (subject to final approval of state and local incentives) to accommodate approximately 250 direct procurement positions currently based at TEMA in Erlanger. In addition, about 300 production engineering positions based in Erlanger will be relocated to a new facility to be built at Toyota Motor Manufacturing Kentucky (TMMK) in Georgetown, Ky., while approximately 1,000 TEMA administrative positions will transition to Plano. Toyota’s 10 manufacturing plants in the U.S. will not be impacted by these changes. Also, the following Toyota units will not be impacted at this time: Toyota regional field offices and Lexus area offices Operating units in Canada, Mexico and Puerto Rico Toyota Financial Service’s regional offices, sales offices, service centers and its bank Calty Design Research facilities Toyota InfoTechnology Center Toyota Racing Development AirFlite Inc. Logistics Services Field Locations Distribution centers After moving from its existing headquarters, Toyota will continue to have approximately 2,300 employees in California and 8,200 employees in Kentucky. This includes 750 new jobs being added at TMMK for production of the Lexus ES, which begins in 2015. Toyota will also continue to maintain offices in the New York City area and Washington, DC. The move will not impact Toyota’s relationship with Gulf States Toyota, Inc. (GST), a private distributor of Toyota vehicles based in Houston, Texas. Toyota Financial Services (TFS) is a service mark used to refer to a number of entities, including Toyota Motor Credit Corporation (TMCC), Toyota Financial Savings Bank (TFSB), and Toyota Motor Insurance Services, Inc. (TMIS). View full article
  15. Toyota is considering moving substantial parts of its U.S. headquarters from California to Texas. Bloomberg has learned from sources from the automaker that certain high-level employees were told of the move on Friday and that the company will make an announcement today. “It would be very consequential for Southern California. There might be some brain drain and tumult for employees, though it should be largely seamless to the consumer. This kind of thing can create some disruption of momentum,” said Jack Nerad, executive market analyst for Kelly Blue Book. Reasons for this move include putting Toyota USA's executives close by their manufacturing plants in San Antonio, Kentucky, and Mississippi. However, another reason for this move comes down to how expensive it is to live and work in California. Automotive News pulled some stats on California and they aren't pretty. Expatistan rates the Los Angeles metropolitan area as the ninth most-expensive place to live California is third in Tax Foundation's study in which states have the worst complex, non-neutral taxes with comparatively high rates Forbes rates California 36th in which states are best to do business Meanwhile, Texas has been rated seventh in the same study done by Forbes. Texas also has a number of tax breaks and lower cost of living. We'll keep you posted on this developing story. Source: Bloomberg, Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster.
  16. Toyota is considering moving substantial parts of its U.S. headquarters from California to Texas. Bloomberg has learned from sources from the automaker that certain high-level employees were told of the move on Friday and that the company will make an announcement today. “It would be very consequential for Southern California. There might be some brain drain and tumult for employees, though it should be largely seamless to the consumer. This kind of thing can create some disruption of momentum,” said Jack Nerad, executive market analyst for Kelly Blue Book. Reasons for this move include putting Toyota USA's executives close by their manufacturing plants in San Antonio, Kentucky, and Mississippi. However, another reason for this move comes down to how expensive it is to live and work in California. Automotive News pulled some stats on California and they aren't pretty. Expatistan rates the Los Angeles metropolitan area as the ninth most-expensive place to live California is third in Tax Foundation's study in which states have the worst complex, non-neutral taxes with comparatively high rates Forbes rates California 36th in which states are best to do business Meanwhile, Texas has been rated seventh in the same study done by Forbes. Texas also has a number of tax breaks and lower cost of living. We'll keep you posted on this developing story. Source: Bloomberg, Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. View full article
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